1 / 21
For SaleSingle Family Home
$435K
875 Homey Place NE, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 45
3
Bedrooms
2
Bathrooms
1,703
Sq Ft
1983
Year Built
$255 /sqft

About This Property

Description from listing agent

COMPLETELY REMODELED POOL HOME ON NEARLY HALF AN ACRE!! This 3/2 pool home is in one of Brevard's most coveted neighborhoods, Lockmar Estates. With its open concept floor plan, bathed in natural light, this space is perfect for entertaining. The heart of the home is the great room, a space that connects the updated kitchen complete with newer appliances and crisp white shaker style cabinetry, to the separate living rooms. The split floor plan has the primary suite located off of the living area, granting privacy and boasting a spacious walk-in closet and an ensuite with a large shower. The remaining two bedrooms share a full bath on the other side of the home. The rear of the home holds a screen in porch that blends to the lanai covered pool. Enjoy the pool all year round with the new electric pool heater. The outdoor bonuses continue with an expansive back yard with two sheds. Close to beach/river access as well as PSFB along with many major retail stores, restaurants & more nearby.

Space Coast Context

🚀 Launch Viewing — Fair Views

37.8 mi from SLC-40

37.8 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris5.8 mi~13 min
Northrop7.8 mi~17 min
Blue Origin32.1 mi~1h 12m
SpaceX33 mi~1h 14m
Lockheed33.1 mi~1h 14m
Boeing/KSC34.5 mi~1h 17m
KSC34.9 mi~1h 18m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 3/7/26
    Listed
    $435K
    $255/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.7% above median
Median comparable close: $400,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.0% of list price
At that rate, a competitive offer ≈ $430,461
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 4 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.43 acres (18,731 sqft)
Full Baths
2
Garage
2 car (attached)
Pool
Yes
Days on Market
108
MLS Area
341 - Central Palm Bay

Schools

Elementary

Lockmar

Middle School

Central

High School

Palm Bay

Financial & Listing Details

Listed
Mar 7, 2026
Parcel #
28-37-30-Kp-02404.0-0001.00
$435K

Listing Agent (for property info)

B
Brandon Michael Lape
EXP Realty, LLC
321-446-7788
Call Listing Agent

Estimated Monthly Payment

$2,876/mo
Principal & interest
$2,291
Property taxes
$435
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $435K price — down payment shown: $86,980.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1071318

Interested in this property?

Equal Housing Opportunity

MLS# 1071318 · Listing Broker: EXP Realty, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.